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  • The global disposable gloves market size was valued at USD 23.03 billion in 2021. The market is projected to grow from USD 26.82 billion in 2022 to USD 44.64 billion by 2029, exhibiting a CAGR of 7.5% during the forecast period.

    Information Source - https://www.fortunebusinessinsights.com/infographics/disposable-gloves-market-106777

    Segments:

    Natural Rubber Latex Gloves Segment to Hold Substantial Share Owing to Expanded Utilization in Healthcare Sector

    Based on material, the market is segmented into natural rubber latex gloves, nitrile gloves, Polyvinyl Chloride (PVC) gloves, and others.

    In 2021, the natural rubber latex gloves segment dominated the market. Latex gloves are among the most broadly utilized glove varieties in the market.

    Healthcare & Medical Segment to Hold a Substantial Share Owing to Rising Demand from Healthcare Facilities

    In terms of application, the market is segmented into healthcare & medical, industrial, food industry, and others.

    In terms of both volume and value, the healthcare & medical segment represented the major share of the market.

    Geographically, the market is segregated into North America, Europe, East Asia, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America, and the Rest of the World.

    Report Coverage:

    We provide our reports which are conducted with an all-inclusive examination approach that majorly emphasizes on delivering precise material. Our scholars have applied a data triangulation method which further assists us to offer trustworthy estimations and test the general market dynamics accurately. Further, our analysts have received admission to numerous international as well as regional funded registers for providing the up-to-date material so that the stakeholders and business professionals invest only in essential zones.

    Drivers and Restraints:

    Enhanced Operations and Properties Offered by Nitrile Gloves to Spur Market

    Nitrile is a synthetic arrangement of rubber broadly utilized for manufacturing gloves. Nitrile, or synthetic rubber, which has constantly been acknowledged as a greatly robust glove compound, is more sturdy than vinyl, and therefore rising in admiration. Nitrile has been around for a while, but it has only turned out to become more reasonable lately; hence, it is attaining popularity in the medical, food, cleaning, and other industries.

    However, raw materials, such as latex, which are used in production process of disposable gloves are majorly manufactured in Asian countries such as Malaysia and China. The greatly concentrated raw material source infers that any interruption at the source can expressively encourage almost each and every stakeholder throughout the value chain. This is expected to hinder the disposable gloves market growth.

    Regional Insights:

    Southeast Asia to Lead Stoked by Growing Demand from Healthcare Sector

    Southeast Asia held the majority of the disposable gloves market share in 2021 and is probable to uphold its position during the forecast period, owing to escalating demand from the healthcare sector.

    North America is predicted to perceive growth on account of the increasing demand from industrial sector. Moreover, the production sector in the U.S. has been strongly rising from early stages of the pandemic.

    North America is estimated to observe growth, owing to the growing demand from industrial sector. Manufacturing sector in the U.S. has been robustly rising since commencement of the pandemic.

    East Asia is expected to observe notable growth rate owing to the growing demand from the food & beverages industry.

    Competitive Landscape:

    Radical Product Introductions by Prime Players to Boost Market Growth

    The fundamental players adopt numerous tactics to bolster their position in the market as leading companies. One such prime strategy is procuring companies to bolster the brand value among users. Another vital strategy is periodically launching inventive products with a methodical study of the market and its target audience.

    Key Industry Development:

    January 2022: Kimberly-Clark Professional presented Kimtech Opal Nitrile Gloves for enhanced comfort and exceptional tactile sensitivity without surrendering worker safety. The new gloves are appropriate for applications in research and production, life sciences, and non-sterile medication production.

    List of Key Players Mentioned in the Report:

    Top Glove Corporation Bhd (Malaysia)
    Hartalega Holdings Berhad (Malaysia)
    Kossan Rubber Industries Bhd (Malaysia)
    ANSELL LTD (Australia)
    Sempermed (Austria)
    Cardinal Health (U.S.)
    Supermax Corporation Berhad (Malaysia)
    Intco Medical (China)
    Bluesail Medical Co., Ltd. (China)
    Riverstone Holdings Limited (Malaysia)
    YTY Group (Malaysia)
    Comfort Rubber Gloves Industries Sdn Bhd (Malaysia)
    JIANGSU JAYSUN GLOVE CO., LTD (China)
    Kimberly-Clark Worldwide, Inc. (U.S.)
    Synthomer plc (U.K.)
    3M (U.S)
    The global disposable gloves market size was valued at USD 23.03 billion in 2021. The market is projected to grow from USD 26.82 billion in 2022 to USD 44.64 billion by 2029, exhibiting a CAGR of 7.5% during the forecast period. Information Source - https://www.fortunebusinessinsights.com/infographics/disposable-gloves-market-106777 Segments: Natural Rubber Latex Gloves Segment to Hold Substantial Share Owing to Expanded Utilization in Healthcare Sector Based on material, the market is segmented into natural rubber latex gloves, nitrile gloves, Polyvinyl Chloride (PVC) gloves, and others. In 2021, the natural rubber latex gloves segment dominated the market. Latex gloves are among the most broadly utilized glove varieties in the market. Healthcare & Medical Segment to Hold a Substantial Share Owing to Rising Demand from Healthcare Facilities In terms of application, the market is segmented into healthcare & medical, industrial, food industry, and others. In terms of both volume and value, the healthcare & medical segment represented the major share of the market. Geographically, the market is segregated into North America, Europe, East Asia, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America, and the Rest of the World. Report Coverage: We provide our reports which are conducted with an all-inclusive examination approach that majorly emphasizes on delivering precise material. Our scholars have applied a data triangulation method which further assists us to offer trustworthy estimations and test the general market dynamics accurately. Further, our analysts have received admission to numerous international as well as regional funded registers for providing the up-to-date material so that the stakeholders and business professionals invest only in essential zones. Drivers and Restraints: Enhanced Operations and Properties Offered by Nitrile Gloves to Spur Market Nitrile is a synthetic arrangement of rubber broadly utilized for manufacturing gloves. Nitrile, or synthetic rubber, which has constantly been acknowledged as a greatly robust glove compound, is more sturdy than vinyl, and therefore rising in admiration. Nitrile has been around for a while, but it has only turned out to become more reasonable lately; hence, it is attaining popularity in the medical, food, cleaning, and other industries. However, raw materials, such as latex, which are used in production process of disposable gloves are majorly manufactured in Asian countries such as Malaysia and China. The greatly concentrated raw material source infers that any interruption at the source can expressively encourage almost each and every stakeholder throughout the value chain. This is expected to hinder the disposable gloves market growth. Regional Insights: Southeast Asia to Lead Stoked by Growing Demand from Healthcare Sector Southeast Asia held the majority of the disposable gloves market share in 2021 and is probable to uphold its position during the forecast period, owing to escalating demand from the healthcare sector. North America is predicted to perceive growth on account of the increasing demand from industrial sector. Moreover, the production sector in the U.S. has been strongly rising from early stages of the pandemic. North America is estimated to observe growth, owing to the growing demand from industrial sector. Manufacturing sector in the U.S. has been robustly rising since commencement of the pandemic. East Asia is expected to observe notable growth rate owing to the growing demand from the food & beverages industry. Competitive Landscape: Radical Product Introductions by Prime Players to Boost Market Growth The fundamental players adopt numerous tactics to bolster their position in the market as leading companies. One such prime strategy is procuring companies to bolster the brand value among users. Another vital strategy is periodically launching inventive products with a methodical study of the market and its target audience. Key Industry Development: January 2022: Kimberly-Clark Professional presented Kimtech Opal Nitrile Gloves for enhanced comfort and exceptional tactile sensitivity without surrendering worker safety. The new gloves are appropriate for applications in research and production, life sciences, and non-sterile medication production. List of Key Players Mentioned in the Report: Top Glove Corporation Bhd (Malaysia) Hartalega Holdings Berhad (Malaysia) Kossan Rubber Industries Bhd (Malaysia) ANSELL LTD (Australia) Sempermed (Austria) Cardinal Health (U.S.) Supermax Corporation Berhad (Malaysia) Intco Medical (China) Bluesail Medical Co., Ltd. (China) Riverstone Holdings Limited (Malaysia) YTY Group (Malaysia) Comfort Rubber Gloves Industries Sdn Bhd (Malaysia) JIANGSU JAYSUN GLOVE CO., LTD (China) Kimberly-Clark Worldwide, Inc. (U.S.) Synthomer plc (U.K.) 3M (U.S)
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Infographics - Disposable Gloves Market
    Infographics - Disposable Gloves Market Industry Share and Forecast till 2026 | Fortune Business Insights
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  • The global fast food market size was USD 862.05 billion in 2020. The market is projected to grow from USD 972.74 billion in 2021 to USD 1,467.04 billion by 2028 at a CAGR of 6.05% during the 2021-2028 period.

    This information is published by Fortune Business Insights™, in its report titled, “Fast Food Market, 2021-2028.”

    According to our analysts, the chaotic lifestyles among millennial and extending working populations across the globe have played a vital role in the ingestion of fast-food. This, in turn, has elevated the demand and supply of the same.

    COVID-19 Impact

    Lockdowns in Prime Markets for Food Service Industry amid COVID-19 to Hamper Market Growth

    The fast foods market faced an exponential decline in sales owing to the lockdown triggered by COVID-19 pandemic. The impact on the foodservice industry was distressing in the first half of 2020. With full-service restaurants, QSRs and pubs being closed for on-premise services, combined with the struggle that several establishments are facing to keep their businesses running, the market is witnessing mixed growth signals.

    List of Key Players Covered in the Report

    McDonald's (Minnesota, U.S.)
    Burger King (Florida, U.S.)
    Wendy's (Ohio, U.S.)
    Domino's (Michigan, U.S.)
    Pizza Hut (Texas, U.S.)
    Papa John's International, Inc. (Kentucky, U.S.)
    Little Caesars (Michigan, U.S.)
    Chipotle Mexican Grill (California, U.S.)
    Dunkin (Massachusetts, U.S.)
    Wallace, Fujian Food Co., Ltd. (Fujian, China)
    Browse Complete Report Summary:

    https://www.fortunebusinessinsights.com/fast-food-market-106482

    Segmentation

    Product Type, Service Type, and Region are studied for the Market

    On the basis of product type, the market is segmented into burger & sandwich, pizza & pasta, Asian & Latin American food, and others. The burger & sandwich segment leads the market, owing to the admiration of burgers and sandwiches among all age groups.

    Based on service type, the market is classified into on-premise and delivery/take away.

    Geographically, the market is segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

    Report Coverage

    The report delivers insightful visions gained by conducting a meticulous review by our researchers. A thorough examination was presented to offer the predicted size of the fast food market. The data utilized to estimate the shares for multiple segments at the country, regional, and global levels is gained from extensive interviews with various stakeholders. Furthermore, we have obtained admittance to numerous global as well as regional paid databases to offer accurate information to make business capitalization choices effortless for you.

    Drivers

    Rising Number of QSR across Globe to Boost Fast Food Market Growth

    The fast food industry is preliminarily fueled by the suitability presented by serving food promptly, which entices customers primarily from the millennial age group. Consumer inclination for convenience food and fast-food items has caused a prompt fluctuation in the global market. Fast foods necessitates minimal struggle and lower time in comparison with cooking food from scratch, which is the prime aspect navigating the demand for fast-food products. Moreover, the surging dispensable income of consumers is an additional and fundamental cause for the market to spur in the coming years.

    Regional Insights

    North America holds the major fast food market share with a value of USD 337.8 billion in 2020. The rising number of dual working households, upsurge in flexible income, occurrence of fast-food chains, and complete monetary growth of the region makes this region among the biggest markets in the foodservice market.

    Europe is anticipated to develop progressively in the fast-food market owing to the growing tourists' population in the region, which is predicted to fuel the sales of fast-food products with an augmented amount of QSR outlets during the upcoming time period.

    Asia Pacific is expected to register the fastest growth in the global market due to consumer adoption of digital retailing platforms.

    Competitive Landscape

    Inventive Product Launch Declarations by Vital Players to Boost Market Growth

    The important players embrace numerous tactics to boost their position in the market as dominating companies. One such prominent tactic is procuring companies to boost the brand value among users. Another fundamental stratagem is intermittently presenting groundbreaking products with methodical review of the market as well as its target audience.

    The global fast food market size was USD 862.05 billion in 2020. The market is projected to grow from USD 972.74 billion in 2021 to USD 1,467.04 billion by 2028 at a CAGR of 6.05% during the 2021-2028 period. This information is published by Fortune Business Insights™, in its report titled, “Fast Food Market, 2021-2028.” According to our analysts, the chaotic lifestyles among millennial and extending working populations across the globe have played a vital role in the ingestion of fast-food. This, in turn, has elevated the demand and supply of the same. COVID-19 Impact Lockdowns in Prime Markets for Food Service Industry amid COVID-19 to Hamper Market Growth The fast foods market faced an exponential decline in sales owing to the lockdown triggered by COVID-19 pandemic. The impact on the foodservice industry was distressing in the first half of 2020. With full-service restaurants, QSRs and pubs being closed for on-premise services, combined with the struggle that several establishments are facing to keep their businesses running, the market is witnessing mixed growth signals. List of Key Players Covered in the Report McDonald's (Minnesota, U.S.) Burger King (Florida, U.S.) Wendy's (Ohio, U.S.) Domino's (Michigan, U.S.) Pizza Hut (Texas, U.S.) Papa John's International, Inc. (Kentucky, U.S.) Little Caesars (Michigan, U.S.) Chipotle Mexican Grill (California, U.S.) Dunkin (Massachusetts, U.S.) Wallace, Fujian Food Co., Ltd. (Fujian, China) Browse Complete Report Summary: https://www.fortunebusinessinsights.com/fast-food-market-106482 Segmentation Product Type, Service Type, and Region are studied for the Market On the basis of product type, the market is segmented into burger & sandwich, pizza & pasta, Asian & Latin American food, and others. The burger & sandwich segment leads the market, owing to the admiration of burgers and sandwiches among all age groups. Based on service type, the market is classified into on-premise and delivery/take away. Geographically, the market is segregated into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Report Coverage The report delivers insightful visions gained by conducting a meticulous review by our researchers. A thorough examination was presented to offer the predicted size of the fast food market. The data utilized to estimate the shares for multiple segments at the country, regional, and global levels is gained from extensive interviews with various stakeholders. Furthermore, we have obtained admittance to numerous global as well as regional paid databases to offer accurate information to make business capitalization choices effortless for you. Drivers Rising Number of QSR across Globe to Boost Fast Food Market Growth The fast food industry is preliminarily fueled by the suitability presented by serving food promptly, which entices customers primarily from the millennial age group. Consumer inclination for convenience food and fast-food items has caused a prompt fluctuation in the global market. Fast foods necessitates minimal struggle and lower time in comparison with cooking food from scratch, which is the prime aspect navigating the demand for fast-food products. Moreover, the surging dispensable income of consumers is an additional and fundamental cause for the market to spur in the coming years. Regional Insights North America holds the major fast food market share with a value of USD 337.8 billion in 2020. The rising number of dual working households, upsurge in flexible income, occurrence of fast-food chains, and complete monetary growth of the region makes this region among the biggest markets in the foodservice market. Europe is anticipated to develop progressively in the fast-food market owing to the growing tourists' population in the region, which is predicted to fuel the sales of fast-food products with an augmented amount of QSR outlets during the upcoming time period. Asia Pacific is expected to register the fastest growth in the global market due to consumer adoption of digital retailing platforms. Competitive Landscape Inventive Product Launch Declarations by Vital Players to Boost Market Growth The important players embrace numerous tactics to boost their position in the market as dominating companies. One such prominent tactic is procuring companies to boost the brand value among users. Another fundamental stratagem is intermittently presenting groundbreaking products with methodical review of the market as well as its target audience.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Fast Food Market Size, Share, Trends & Growth [2021-2028]
    The global fast food market is projected to grow from USD 972.74 billion in 2021 to USD 1,467.04 billion by 2028 at a CAGR of 6.05% during forecast period
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